If you’re a fan of the NFL, you probably know that the league has been battling to find new revenue streams and to balance the books.
And the league may finally have some good news for its fans as CBS News reported Tuesday that the NFL Network has been able to secure a new deal with the NFLPA.CBS News’ Peter Hamby reported the news on Twitter:The NFL has reached a $5 million TV deal with The NFL Network.
The deal will include a $2 million broadcast rights fee and a $500,000 upfront fee for NFL Network subscribers.
The deal is the first to be negotiated by the NFL since a deal was struck in 2013, and CBS News notes that it’s a sign that the agreement is in the works for the foreseeable future.
“The NFL Network is excited to announce that it has secured a new multiyear television agreement with The League Network, a new online streaming platform for fans to watch all NFL games, with exclusive rights to all 32 teams, NFL games and exclusive online streaming content,” NFL Network co-president of global media and business development and president of programming, Chris Grier, said in a statement.
“This partnership brings together the NFL’s most popular and popular sports content, including live streams, exclusive content, and in-game highlights, as well as a growing portfolio of digital platforms, and the NFL is committed to the continued growth of its popular content across multiple platforms,” Grier added.
“We look forward to continuing our partnership with the league, and to bringing fans a richer and more consistent experience in the NFL on multiple platforms.”
This deal comes just two weeks after the NFL announced that it will have a digital channel called the NFL Experience, which will offer fans the chance to experience every game in-person, via a smartphone app.CBS’ Peter Hammond contributed to this report.